2300 Thornton Taylor PkwyFayetteville, TN 37334

  • Office properties
  • 4,374 SF
For Sale
$699,000 View listing

Property Details for 2300 Thornton Taylor Pkwy

Year built
2001
Lot size
0.55 AC
Property size (Sq ft)
4,374 SF
Property type
Office properties
Property subtype
Other office properties
APN
079 03308
APU
7903308

Description

This exceptional mixed-use commercial property, located at 2300 Thornton Taylor Parkway in Fayetteville, Tennessee, presents a unique investment opportunity. Situated on a 0.59-acre lot, this 4,374 square foot building boasts three separate, yet interconnected, units ideally suited for office or retail use. Its prime location within Lincoln County's Medical District ensures high visibility and accessibility, benefiting from one of the area's highest traffic counts. The property features multiple offices and restrooms within each unit, along with convenient employee kitchenettes. Each unit offers both front and rear entrances, providing flexibility and convenience for tenants and employees. The building's established nature offers immediate income potential, making it an attractive proposition for investors seeking a strong return on investment in a thriving commercial area. The property is priced at $699,000 and represents a rare chance to acquire a well-positioned, multi-unit commercial building in a high-demand location. This turnkey opportunity is ready for immediate occupancy and offers significant potential for future growth and development. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $925,120
    6.5%
    $853,957
    7%
    $792,960
  • Comparable approach

    Method
    Valuation
    Relative Method
    $712,481
    Geo Method
    $853,192
  • Alternative Use

    Use
    Valuation
    Residential
    $1,058,907
    Hospitality
    $969,953
    Educational
    $806,989
    Medical
    $834,743
    Retail
    $1,255,317
2300 Thornton Taylor Pkwy, Fayetteville, Tennessee

Location Insight

City
Fayetteville
County
Lincoln
State
Tennessee
Latitude
35.1474
Longitude
-86.5633

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$6,640
$33,280
$151,080
$184,360
-
$83,200
$377,700
$460,900

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